The interconnections of agriculture and energy markets have increased through the rise in the new biofuel agribusinesses and the oil–ethanol–corn linkages. The question is whether these linkages have a causal structure by which oil prices affect commodity prices and through these links,...

The volatility of agricultural markets has increased remarkably in recent years. In spite of this, the way in which supply chain actors perceive market volatility has only rarely been analyzed. This paper seeks to close this research gap by presenting empirical findings about how the volatility...

This article tests the efficiency of the hog options market and assesses the impact of the 1996 contract redesign on efficiency. We find that the hog options market is efficient, but some options yielded excess returns during the live hogs period but not during the lean hogs period. Our findings...

The comparative productivity of inputs is often the focus of applied studies of production. For example, one might wish to compare the marginal product of water in irrigation districts to provide guidelines for capital investment in new water projects or to assist in water allocation decisions....

The Mekong Delta in Vietnam has become an important production area for pangasius. The importance of the sector in providing an income to many households means that it is relevant to study its economic production characteristics. In this article we use a stochastic cost frontier model to assess...

The paper is focused on the modeling of a partial equilibrium on the beef market in the Czech Republic. The goal of the paper is a construction and a quantification of a partial equilibrium model of mentioned trade, used for simulation purpose and enabling delimitation of main determinants of...

A multi-dimensional, non-linear dynamic model in continuous time is presented for the purpose of finding the optimal combination of exploitation and capital investment in optimal renewable resource management. Non-malleability of capital is incorporated in the model through an asymmetric...

The aim of this paper is to point out some problems of index estimation for the purposes of weather derivative valuation considering the particularities of agriculture. The assessment of the sensitivity of barley to weather over 40 years has been the basis for the design and valuation of weather...

The aim of this article is to investigate the relationship between Economic Value Added, traditional performance measures (Return on Assets ‘ROA’ and Return on Equity ‘ROE’) and their ability to measure the creation of shareholder wealth in food-processing firms in the Czech Republic. To...

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